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$4,200,000
Total Beds: 14 Total Baths: 9
Total Units: 7 SQFT: 8737
LOT size: 0.11 Acres
93 Thorndike Street
Cambridge, MA 02141

Property Description

Rare two-building, seven-unit complex totaling 8,737 sq. ft. of living area. Exceptional investment opportunity with development potential for condo conversion. Classic architectural features: bay windows, period detailing, and hardwood floors. Front building has 6,877 sq. ft. total: #93 has three separate one-level one-bed units. #95 and #97 are both three-level townhouse units. The rear building, #97-R, has two one-bedroom plus units that total 1,860 sq. ft., with two extra finished attic rooms. Unfinished basements with separate utilities and storage space. Rented units are leased through July 31, 2022. Recent improvements include: roof, siding, heating systems, electrical services, windows, etc. Prime location just a few blocks from Lechmere T stop, Canal Park and North Point Park, Museum of Science, CambridgeSide Mall, Public Library, and restaurants. Close to tech-hub Kendall Square (Google, Microsoft, Draper, Moderna, etc.), MIT, Central Square, Inman Square, and Boston.

Property Details

Building Information

  • Total Units: 7
  • Total Floors: 6
  • Levels: 3
  • Total Rooms: 32
  • RMS: 32
  • Total Bedrooms: 14
  • Total Full Baths: 7
  • Total Half Baths: 2
  • Total Fireplaces: 4
  • Amenities: Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 48
  • Net Operating Income: 48

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Rent: 1
  • Under Lease: Yes
  • Rooms: 9
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 3
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Interior Features: Bathroom With Tub, Ceiling Fans, Tile Floor, Wood Flooring
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 3

Unit 2 Description

  • Rent: 1
  • Under Lease: Yes
  • Rooms: 7
  • Floors: 1
  • Bedrooms: 4
  • Full Baths: 1
  • Half Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Interior Features: Bathroom With Tub, Stone/Granite/Solid Counters, Tile Floor, Wood Flooring
  • Fireplaces: 1
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 3

Unit 3 Description

  • Under Lease: Yes
  • Rooms: 8
  • Floors: 1
  • Bedrooms: 5
  • Full Baths: 1
  • Half Baths: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Interior Features: Bathroom With Tub, Crown Molding, Fireplace - Wood burning, Pantry, Stone/Granite/Solid Counters, Wood Flooring
  • Fireplaces: 1
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Cooling: None
  • Levels: 3

Unit 4 Description

  • Under Lease: No
  • Rooms: 4
  • Floors: 1
  • Bedrooms: 1
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Disposal, Range, Refrigerator
  • Interior Features: Bathroom With Tub, Pantry, Tile Floor, Wood Flooring
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Cooling: None
  • Levels: 1
Unit 5 Description
  • Under Lease: No
  • Rooms: 4
  • Floors: 2
  • Bedrooms: 1
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room, Office/Den
  • Appliances: Disposal, Range, Refrigerator
  • Interior Features: Bathroom With Tub, Heated Attic, Pantry, Wood Flooring
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Cooling: None
  • Levels: 2

Construction

  • Year Built: 1846
  • Type: 5-9 Family
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Laminate, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 72908566
  • Last Updated: 10/22/21
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Todd Movsessian, Barrett Sotheby's International Realty

© 2021 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2021-10-22 15:46:25

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